Full Ep: The Dollar Milkshake Theory is Stronger Than Ever

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Since then, by his estimate, he’s said “milkshake” “a million times.” As he sees it, the U.S. enjoys a comparative advantage – despite all of its problems – and, as a result, its currency will appreciate.

It’s an on-the-money call if ever there was one. In this interview with Ash Bennington, Johnson forecasts more of the same.

He also shares the story of how he came up with his “milkshake” theory (it involves the movie “There Will Be Blood”) and why it stands.

And he warns investors to be prepared for both inflationary and deflationary pressures. Johnson does expect U.S. equities to continue marching higher over the long term – but not without terrifying drawdowns along the way. Recorded on October 11, 2022.

TIMESTAMPS
1 The Dollar Milkshake Theory Explained  00:02
2 The System Was Primed For a Rapidly Appreciating Dollar  0:11:13
3 Understanding the Price Moves in the Dollar  0:25:36
4 The Dollar's Role in Global Trade  0:35:00
5 The Looming Risk of a Currency Crisis 0:46:01
6 How Does This Play Out?  0:56:28
7 The Takeaways 01:01:09

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TIMESTAMPS
1 The Dollar Milkshake Theory Explained  00:02
2 The System Was Primed For a Rapidly Appreciating Dollar  0:11:13
3 Understanding the Price Moves in the Dollar  0:25:36
4 The Dollar's Role in Global Trade  0:35:00
5 The Looming Risk of a Currency Crisis 0:46:01
6 How Does This Play Out?  0:56:28
7 The Takeaways 01:01:09

RealVisionFinance
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Why are we premiering a month old broadcast?

duskosz
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Our milkshake brings foreign investors to the yard. Our currency is better than theirs, you can keep it but we have to charge. - Kelis featuring Brent Johnson

johnnymanning
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This guy is brilliant, I loved this video, rewinded/rewound, many times, spot on explaining world dollar shortage to a person like me who never worked in finance.

jimmyolsenblues
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Brent is absolutely not afraid to contradict and be straightforward in presenting his perspectives on this particular topic. Wonderful conversation, gents!

thenewwayhome
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The Dollar Milkshake Guy is calling it 'the Super Bowl of Macro'. I need to spend 30 minutes thinking about that idea.

joshbrooks
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This was extremely instructive. Thank you to B.J. He was thorough and logical. I also note he was modest.

postscript
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great guest! one of the best & brightest. REAL VISION ROCKS!

theinflationsituation
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Thanks so much for your work... Your videos have helped me to sustain my financial freedom by utilizing certain simple tools that I may have otherwise missed... Trying times, indeed.

campbellpaul
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Brent is great. Nice to hear the theory for the 10 thousandth time. Very original Real Vision. EDIT: But, I'm listening and can't stop listening. Dang.

ForwardGuidance
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Brent is a genius!! Get him back soon!!

simonharrison
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Fantastic interview. Ash you are awesome. Thank you for the thoughtful content.

darrellwillie
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Excellent data. Very informative. Thanks.

kenr
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This is a great discussion. Thanks.

I'd like to hear a conference call with Brent Johnson and Jeff Snider, the Eurodollar University guy. Mostly, I think they're saying the same thing.

kungfuzzzz
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Thanks Guys.
Well done & Well said

Buytheebook
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Superb distillation by Brent. Unique insights thanks

TheAgTeam
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I love how this guy does not operate deterministically, always question yourself and never fall in love with your own ideas.

omegaofgaia
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Very good show, well worth watching. Thank you

jetplane
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USA, Mexico, Canada - The powerhouse of the next decade. If done right ;-)

JupiterMoonTune
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Anyone know of a good book that explains the design of the system in detail?

Palmer-gswz